Czachor Bruce 4
4 · Stardust Power Inc. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Stardust Power (SDST) GC Bruce Czachor Sells 17,655 Shares
What Happened
Bruce Czachor, General Counsel, Chief Compliance Officer and Secretary of Stardust Power, sold 17,655 shares on 2026-03-20 in an open-market/private sale for a weighted average price of $2.29 per share, netting approximately $40,430. The sale was made to cover tax withholding obligations incurred when restricted stock units (RSUs) vested and were settled.
Key Details
- Transaction date: 2026-03-20; Form 4 filed 2026-03-24.
- Shares sold: 17,655 at a weighted average price of $2.29; total reported proceeds $40,430.
- Price range: shares were sold in multiple trades at prices between $2.26 and $2.31 (footnote indicates detailed breakdown available on request).
- Reason: Footnote states the sale was to satisfy tax withholding on vested RSUs (routine withholding sale).
- Shares owned after the transaction: not provided in the excerpt of this filing.
- Timeliness: Form filed 4 days after the transaction date; Form 4s are generally required within two business days, so this filing may be later than typical reporting deadlines.
Context
Sales to cover tax withholding after RSU vesting are common and generally considered routine administrative transactions rather than directional bets on the company's prospects. The weighted-average price and the disclosed range show the shares were sold across multiple small trades; the filer offers to supply a per-price breakdown if requested.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-20$2.29/sh−17,655$40,430→ 22,345 total
Footnotes (2)
- [F1]Sale of shares to cover tax withholding obligation incurred upon vesting and settlement of RSUs.
- [F2]The price reported is a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $2.26 to $2.31, inclusive. The undersigned undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.